Business / Tax reform

'Continuity' key for VAT tax reform

[2012-02-24 17:26]

China will maintain its existing business tax incentives and gradually digest changes caused by VAT reform, senior tax officials said on Friday.

Exporters set to get tax boost

[2012-02-21 09:56]

Export tax rebates will be increased this year in response to an export decline triggered by the European debt crisis.

China to raise exports tax rebates

[2012-02-20 11:17]

China will raise export tax rebate rates on a series of products including high-tech and high value-added goods and labor-intensive goods this year, when the time is appropriate, said Zhong Shan, vice-minister of commerce.

China keeps VAT refunds for animation industry

[2012-01-01 03:28]

The Chinese government announced Saturday that the nation will continue offering VAT refunds to the animation industry next year.

China to continue tax-cut efforts

[2011-12-26 14:41]

China will further its efforts to make adjustments in tax reduction policies next year in a bid to improve people's livelihood, China's Minister of Finance Xie Xuren said at a work conference.

Tax reductions save billions of yuan

[2011-12-23 16:50]

China's policy to ease the tax burden on wage earners and small businesses has saved them billions of yuan, the state media reported Friday.

Tax adjustments point to environmental protection

[2011-12-19 14:36]

The adoption of adjusted taxes for vehicles and vessels under a new law is intended to contribute to efforts of energy conservation and emissions reduction in China, a government statement said.

China raises VAT, business tax thresholds

[2011-11-01 10:08]

China will raise thresholds for levying value-added and business taxes on small enterprises starting from Tuesday, the Ministry of Finance said.

China works to replace turnover tax with VAT

[2011-10-27 09:17]

The government will replace turnover tax with a VAT on select service sectors, such as the transport sector, in Shanghai from Jan 1, 2012, said a statement issued after a State Council meeting presided over by Premier Wen Jiabao.

Shanghai to replace turnover tax with value-added tax

[2011-10-26 21:46]

The government will replace turnover tax with a VAT on select service sectors, such as the transport sector, in Shanghai from January 1, 2012,

Tax for green growth

[2011-10-12 13:30]

The faster-than-expected transition of the resource tax from a regional program to a national practice next month is more than welcome.

Calls for faster tax reform

[2011-09-26 09:47]

A table measuring the harshness of a country's tax regime in 2009, which ranked the Chinese mainland high at second place, has again aroused much debate, with experts urging faster reform of the system.

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